Wednesday, 26 November 2014

Shell sells assets in Nigeria for $600 million

ABUJA, Nigeria -- Shell Petroleum Development Company of Nigeria (SPDC), a subsidiary of Royal Dutch Shell, has completed the assignment of its 30% interest in Oil Mining Lease 24 (OML24) and related facilities in the Eastern Niger Delta to Newcross Exploration and Production. Total cash proceeds for Shell amount to some $600 million.


...»

No comments:

Post a Comment